1,952 Shares in iShares Russell 1000 Value ETF $IWD Acquired by Compass Financial Management LLC

Compass Financial Management LLC bought a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 2nd quarter, Holdings Channel.com reports. The fund bought 1,952 shares of the exchange traded fund’s stock, valued at approximately $492,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IWD. Bank of America Corp DE grew its stake in shares of iShares Russell 1000 Value ETF by 5.4% in the fourth quarter. Bank of America Corp DE now owns 52,256,616 shares of the exchange traded fund’s stock valued at $10,991,657,000 after buying an additional 2,686,078 shares in the last quarter. Morgan Stanley lifted its stake in iShares Russell 1000 Value ETF by 9.0% during the 4th quarter. Morgan Stanley now owns 39,663,587 shares of the exchange traded fund’s stock worth $8,342,840,000 after acquiring an additional 3,280,476 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in iShares Russell 1000 Value ETF by 0.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 11,414,192 shares of the exchange traded fund’s stock worth $2,400,861,000 after acquiring an additional 85,365 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in iShares Russell 1000 Value ETF by 3.8% during the 4th quarter. JPMorgan Chase & Co. now owns 9,251,710 shares of the exchange traded fund’s stock worth $1,946,005,000 after acquiring an additional 338,948 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in iShares Russell 1000 Value ETF by 20.3% during the 4th quarter. Wells Fargo & Company MN now owns 5,895,769 shares of the exchange traded fund’s stock valued at $1,240,116,000 after acquiring an additional 995,230 shares during the period. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA IWD opened at $257.29 on Monday. The company has a market cap of $83.59 billion, a P/E ratio of 18.83 and a beta of 0.83. The stock has a 50-day moving average of $249.33 and a two-hundred day moving average of $234.08. iShares Russell 1000 Value ETF has a 1-year low of $199.13 and a 1-year high of $260.19.

iShares Russell 1000 Value ETF Profile

iShares Russell 1000 Value ETF (the Fund), formerly iShares Russell 1000 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the large capitalization value sector of the U.S. equity market, as represented by the Russell 1000 Value Index (the Index). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.